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Wu Blockchain· 2025-11-25 17:57
According to Bloomberg, U.S. Bancorp is testing its own stablecoin on the Stellar blockchain as part of its broader expansion into digital assets. The bank recently established a digital assets and money movement unit, and Mike Villano, U.S. Bank’s head of digital asset products, noted that Stellar’s asset-freeze capability is a key control feature institutions consider when evaluating on-chain stablecoin adoption. https://t.co/Od7uYv0Syz ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 16:59
Listing Information - Coinbase will list Irys (IRYS) for spot trading later today [1] - The trading pair will be IRYS-USD [1] - Trading will be available on coinbase․com, the Coinbase app, and Coinbase Advanced [1] - Institutions can access IRYS via Coinbase Exchange [1] Availability - Trading will commence in supported regions once liquidity conditions are met [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-25 16:06
Polymarket announced that the U.S. Commodity Futures Trading Commission (CFTC) has issued it an Amended Order of Designation, allowing the company to operate an intermediated trading platform in the United States under a fully regulated exchange structure. With this approval, Polymarket will be able to onboard brokerages and customers directly and facilitate compliant trading in the U.S. market.https://t.co/Or2mPNRg7t ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 15:23
Dunamu, the operator of South Korea’s largest crypto exchange Upbit, said it is considering appealing a $25 million fine and sanctions imposed by the Financial Intelligence Unit (FIU) for alleged violations of anti-money laundering (AML) and know-your-customer (KYC) regulations. The FIU also suspended Upbit’s new user onboarding for three months. https://t.co/43wBOUlDBe ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 14:47
Acquisition - Paxos 收购了位于纽约的加密钱包初创公司 Fordefi,交易价值超过 1 亿美元 [1] - Fordefi 专注于为去中心化金融 (DeFi) 设计的钱包解决方案 [1] Integration - Fordefi 目前将继续独立运营,但 Paxos 计划随着时间的推移将其技术整合到自己的基础设施中 [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-25 13:33
U.S. September PPI (Producer Price Index) YoY rose 2.7%, in line with expectations of 2.7% and up from the previous reading of 2.6%. ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 13:11
According to the Financial Times, Swedish “buy now, pay later” giant Klarna has announced the launch of its stablecoin KlarnaUSD, aimed at reducing cross-border payment costs. The stablecoin is deployed on Stripe’s proprietary blockchain, and Klarna said it will “significantly lower payment costs for both consumers and merchants.” https://t.co/XkYcBNKYjM ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 12:13
Who Is Chen Zhi, the Cambodian Tycoon Behind the 120k BTC Scam?Chen Zhi, a Fujian-born tycoon and founder of Cambodia’s Prince Holding Group, was sanctioned by the U.S. and U.K. for alleged global “pig-butchering” scams. The U.S. seized over $15 billion in bitcoin linked to his network. Despite the charges, Cambodia has not acted, reflecting Chen’s strong political ties and influence.Read more https://t.co/uM59zwG0Or ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 11:01
The UAE has officially enacted Federal Decree No. 6 of 2025, bringing DeFi, Web3, stablecoin protocols, DEXs, and cross-chain bridges under the supervision of the central bank for the first time. Effective since September 2025, the regulation requires projects engaged in payments, custody, lending, or investment services to obtain proper licensing by September 2026, or face fines of up to AED 1 billion (about $272 million) and potential criminal penalties. https://t.co/tQq3u0a6Yv ...
X @Wu Blockchain
Wu Blockchain· 2025-11-25 10:02
Financial Highlights - MetaPlanet secured a new $130 million loan under its credit facility [1] - The credit facility has a total limit of $500 million, with $230 million already drawn (46% utilization) [1] Bitcoin Holdings - MetaPlanet currently holds 30,823 BTC, sufficient to cover collateral requirements [1] Strategic Initiatives - The funds will be used to purchase additional Bitcoin [1] - The funds will be used to expand Bitcoin-based revenue operations [1] - The funds will be used to repurchase shares when market conditions allow [1]